MLO Jobs; Customer Support, Servicing Products; Upcoming Webinars Cover Everything From Origination to Servicing
Apr 12 2021, 8:14AM
I received this over the weekend: “I just want to make enough money to live a life that doesn't include Microsoft Teams in my work life.” Many people in residential lending began their careers before Teams even existed, and I love it when I am listening to someone in their 60s or 70s talking about a lack of people in their 20s and 30s entering our biz. One could make the argument that people in their 60s or 70s are holding onto jobs that someone in their 30s wants or would be better at... But experience is important. Speaking of time and money, recall that it has already been four years since one of the biggest effects of the financial crisis rolling off: Those who had short sales and foreclosures in 2009-2010 reached the end of the 7 year no-mortgage period and became eligible to borrow again, in time for this huge increase in appreciation. Capital is certainly being deployed: Just look at Softbank investing $500 million in Better Mortgage. available here and is sponsored by FBX, an Informa Financial Intelligence business.)